HomeInsuranceQts

Home Insurance in Chadwick, Illinois

The median home value in Chadwick is $85,700, 25% lower than the Carroll County median.

Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing. The typical home in Chadwick was built around 1946. About 58% of homes were built before 1960, about 5 points above Carroll County's 53%.

Housing in Chadwick breaks down to 89% single-family homes and 1% mobile or manufactured homes.

About 38% of owner-occupied homes in Chadwick have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.

About 83% of occupied homes in Chadwick are owner-occupied. The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.

In Chadwick, 95% of homes are primarily heated with natural gas.

FEMA rates Carroll County's overall risk as Very Low, led by strong wind (Relatively Moderate). Carroll County had 18 active NFIP flood policies as of September 2026. See the full Carroll County home insurance overview for all FEMA hazard ratings and flood coverage details.

According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Illinois carries a statewide average premium of $1,480 per year.

Key figures

Median home value$85,700
Median year built1946
Owner-occupied share83%
Share of owner-occupied homes with a mortgage38%
Top county hazardStrong Wind (Relatively Moderate)
Active NFIP policies in Carroll County18
Home insurance premium$1,480 - statewide average (NAIC, 2023 data)
Key home insurance figures for Chadwick, IL

Nearby towns

Sources

Data last updated: 2026-09-29